At the company’s annual general meeting on July 30, it was resolved that a dividend of 5% gross on preference shares together with an additional 2.5% participating dividend less tax for the year ended December 31, 1996; and a final dividend of five cents on each ordinary stock unit less income tax for the year […]
RJR is finalizing arrangements with the Government and it now appears likely that the negotiation of arrangements for the acquisition of JBC-TV and Radio-2 by RJR will be concluded on June 12. Broad agreements in principle have been reached between Government and RJR and finalization of a formal contract is expected on June 12.
At the extra-ordinary general meeting on December 19 the following resolutions were passed: 1. An increase in the authorized share capital of the company from $22.9 million (divided into 50,000 5% cumulative preference shares of $2 each and 45.6 ordinary shares of $0,50 each) by $15.9 million to $38.9 million by the creation of an […]